Stablecoin Issuance Framework

Executive Summary

Men of God Development & Investments LLC (“MOG”) is developing a suite of asset-backed stablecoins designed for institutional settlement, capital deployment, and portfolio representation. Each token is fully collateralized by tangible assets held within the MOG portfolio and issued on regulated, institutional-grade blockchain networks.

This framework outlines the reserve methodology, issuance mechanics, audit structure, and regulatory considerations for the MOG stablecoin program.

The MOG Stablecoin Suite

mogUSD

MOG US Dollar Stablecoin

Peg: 1:1 USDNetwork: XRPL & Stellar

Backing

Circle USDC reserves + short-duration U.S. Treasury Bills held in segregated custody accounts. Minimum reserve ratio: 100%.

Use Case

Primary settlement currency for all MOG operations. Used for client capital intake, disbursement, fee collection, and cross-border settlement. Designed to replace wire transfers in institutional workflows.

Audit

Monthly reserve attestation by independent accounting firm. Real-time reserve visibility through on-chain proof-of-reserves.

mogGOLD

MOG Gold-Backed Token

Peg: 1 token = 1 troy oz. goldNetwork: XRPL

Backing

London Good Delivery gold bars stored in LBMA-approved vaults. Fully allocated, individually serialized. Minimum reserve ratio: 105%.

Use Case

Portfolio diversification instrument for clients seeking gold exposure without physical custody overhead. Redeemable for physical delivery or USDC settlement at current spot price.

Audit

Quarterly physical bar audit by independent assayer. Monthly vault inventory reconciliation.

mogRE

MOG Real Estate Token

Peg: NAV-referencedNetwork: XRPL

Backing

Fractional ownership certificates in commercial real estate SPVs. Each token represents a proportional interest in underlying property portfolio. Minimum collateralization: 120% of token value.

Use Case

Institutional access to diversified commercial real estate portfolio. Quarterly distributions. Semi-annual NAV recalculation. Secondary trading on compliant venues.

Audit

Annual independent appraisal. Quarterly NAV calculation by third-party administrator.

mogYIELD

MOG Yield Token

Peg: NAV-referenced with accrualNetwork: Stellar

Backing

Private credit portfolio including revenue-based notes, secured business loans, and invoice factoring positions. Minimum collateralization: 110%.

Use Case

Income-generating instrument for capital preservation-focused investors. Monthly coupon distributions. Designed for buy-and-hold allocation rather than active trading.

Audit

Monthly portfolio performance reporting. Quarterly credit review and stress testing.

Reserve Architecture

All MOG stablecoins operate under a strict reserve framework:

Over-collateralization: Every token is backed by assets worth more than the token's face value. Reserve ratios range from 100% (mogUSD) to 120% (mogRE).
Segregated custody: Reserve assets are held in separate custody accounts from operational assets. No commingling of client reserves and company capital.
On-chain transparency: Token supply, issuance events, and burn events are fully auditable on XRPL and Stellar ledgers.
Redemption guarantee: Token holders may redeem at any time for the underlying asset or its USD equivalent, subject to standard settlement periods.
Insurance: Reserve assets are covered by comprehensive insurance policies, including digital asset-specific coverage for custodied holdings.

Issuance & Redemption Mechanics

Token issuance follows a strict mint/burn model:

Minting (Issuance)

1.Authorized participant deposits qualifying collateral
2.Collateral verified and credited to segregated reserve
3.Smart issuance module mints tokens at approved ratio
4.Tokens delivered to participant's designated wallet
5.Transaction hash recorded for audit trail

Burning (Redemption)

1.Holder submits redemption request with token transfer
2.Tokens received and verified at redemption address
3.Tokens burned (permanently removed from supply)
4.Equivalent collateral released from reserve
5.Settlement delivered: asset, USDC, or wire (holder's choice)

Network Selection Rationale

Criteria	XRPL	Stellar
Settlement Finality	3-5 seconds	5-7 seconds
Transaction Cost	< $0.001	< $0.001
Institutional Adoption	RippleNet / 300+ FIs	MoneyGram / USDC native
Token Issuance	Trust Lines	Anchored Assets
Regulatory Clarity	US court-tested	SEC no-action history
Primary Use	mogUSD, mogGOLD, mogRE	mogUSD, mogYIELD

Regulatory Considerations

MOG stablecoins are structured to comply with applicable U.S. federal and state regulations. The program operates under the following regulatory framework:

Wyoming DAO/LLC structure providing clear legal entity status
Money transmission licensing where required by state law
KYC/AML compliance for all authorized participants
OFAC screening on all issuance and redemption transactions
Compliance with FinCEN guidance on convertible virtual currencies
Legal opinions retained on securities status of each token class

Buck Vaughan

Buck Vaughan, Principal

Vaughan Capital Advisory

Men of God Development & Investments LLC

CONFIDENTIAL — This document is provided for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy any securities. This document contains forward-looking statements that involve risks and uncertainties. Past performance is not indicative of future results.